The Timberwolves agreed to trade guards Randy Foye and Mike Miller to the Washington Wizards for the fifth overall draft pick and three players, leaving Minnesota with four first-round choices and plenty of ammunition to do even more wheeling and dealing.

The best opportunity may come with the Wizards’ pick at No. 5, though it would come at a very steep price. Multiple sources confirmed that the Knicks have discussed a potential blockbuster trade between the teams that would land the fifth overall pick and allow the Knicks to keep their spot at No. 8. The deal likely would have to include one of the team’s most valuable assets, swingman Wilson Chandler, which would be a difficult decision.